It is great to see some life in the stock market today, at last check the market is up 280 points today. HOWEVER, it must be noted, that since President Obama got elected, the market is down nearly 35%!!!
A one day bump in the market makes us feel relief, but the stimulus bill passed by Obama and the Congress, just like the election of 2008, has consequences. Very serious consequences that are going to have to be dealt with in the years to come.
We have effectively allowed Obama and the Liberals from both parties to fast track the United States of America into becoming the Socialist Republic of North America. Nationalize this, nationalize that. This bank is too big to fail, that business is too large to fail. Except that when we look under the covers preferential treatment is given to some banks over others...I wonder why that is??? And why is it that GM, or Ford can't be "allowed" to fail?? The natural order of a free market capitalist society is that failure, just like market downturns, weed out the underperformers and the failures. Until the socialists like Obama and Pelosi and Reid took over, business failing was a regular, and necessary aspect of business life in America.
The hard, indisputable fact is that businesses should be allowed to fail and government needs to get out of the way. Name one thing government does well? Aside from collecting taxes, you can't name a single thing government does well. We have become so soft and so dependent on having "government" live our lives for us, that we have no stomach for tough times or failure.
Did failure stop Lincoln from becoming President? NO.
Did failure stop Lee Iaoccoca from taking Chrysler from bankruptcy to prominence? NO.
Did failure stop us from letting the Savings and Loans from ceasing to exist in the 1980's? NO.
And guess what, the result of each of these failures allowed America to emerge stronger than ever before.
Until now. Now, government is trying to save businesses by mortgaging the future of our children, grandchildren and great grandchildren.
So, the next time you see a day like this with a 280 point pop in the market, it is ok to feel some relief. But remember, the actions taken by our President since he was sworn in on Jan 20, 2009, do have, and will continue to have major implications in the survival of this country....and in your economic survival in the years to come.
We can fix it, but we have to find people who will stand up and do what is right. Shrink government. Dramatically reduce taxes. Allow businesses and individuals to keep more of what they earn.
Take Back The Republican Party is a national, grass roots initiative that is launching on April 15th. We'll be asking for your involvement and your support as we set off on the incredible task of fixing our party and our country. We will do it. We HAVE to!
For Today. For Tomorrow. For AMERICA!
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